My penalty starts at a little over $500 and goes up to nearly $2k in 2016.

http://www.healthinsurance.org/learn/oba...alculator/

Starts at 750$ and about 3K in 2016

I heard that they can only enforce it by deducting money from your tax refund. If you always owe federal taxes on April 15th, and you never receive a refund, Obamacare can't touch you.

I expect that to be "fixed" by 2017.

(11-02-2013 10:11 PM)UConn-SMU Wrote:  I heard that they can only enforce it by deducting money from your tax refund. If you always owe federal taxes on April 15th, and you never receive a refund, Obamacare can't touch you.

If the IRS is involved they can always garnish wages.

Mine is $95 and then it hits the cap.

Are you all doing single or for a family?

Single

Mine says $285 and then $2,085 in 2016. But I can't list the state I live in.

(11-04-2013 01:06 PM)VA49er Wrote:  

(11-02-2013 10:11 PM)UConn-SMU Wrote:  I heard that they can only enforce it by deducting money from your tax refund. If you always owe federal taxes on April 15th, and you never receive a refund, Obamacare can't touch you.

If the IRS is involved they can always garnish wages.

Actually, It specifically says they can only take it from your tax refunds.

Experts say Limbaugh is correct on one point: The IRS lacks teeth in enforcing the individual mandate. The Affordable Care Act prohibits it from using liens or levies to collect the penalties, tools the agency regularly employs to collect other unpaid taxes. Nor can it criminally prosecute anyone for failing to pay up.

Read more: http://www.politico.com/story/2013/10/ru...z2jhufEo6M

I'm not saying that it won't get "fixed" i'm just stating facts.

Oh yeah BTW mine was 2014 $238 and 2016 $1300

Well, mine is zero. I'm insured. I plugged in that I had two adults and two kids uninsured and the penalty was staggering. Still cheaper than carrying insurance. I pay $1200 a month for insurance and my penalty was half that.

Positive Rep me and I'll vote for Obama in 2016

(11-04-2013 02:39 PM)DragonLair Wrote:  

(11-04-2013 01:06 PM)VA49er Wrote:  

(11-02-2013 10:11 PM)UConn-SMU Wrote:  I heard that they can only enforce it by deducting money from your tax refund. If you always owe federal taxes on April 15th, and you never receive a refund, Obamacare can't touch you.

If the IRS is involved they can always garnish wages.

Actually, It specifically says they can only take it from your tax refunds.

For now.